Podcast
Odd Lots
The book "When Genius Fails" was mentioned as a source for information about Long-Term Capital Management's losses in 1997. It was stated that the book contained details about the firm's larger losses from selling volatility than from fixed income investments.
If you go read When Genius Fails, they have the numbers in the back, which is quite interesting.
— Episode: The Big Trade Underneath the Strangely C...
Episode: The Big Trade Underneath the Strangely Calm Surfac...
The book "When Genius Fails" was mentioned as a source for information about Long-Term Capital Management's losses in 1997. It was stated that the book contained details about the firm's larger losses from selling volatility than from fixed income investments.
If you go read When Genius Fails, they have the numbers in the back, which is quite interesting.